Financial Daily from THE HINDU group of publications
Wednesday, January 25, 2006
Markets (January 24)
BSE Sensex9549.92 (+85.02)
S&P CNX Nifty2908.00 (+23.95)
US Dollar (Buy/Sell)44.21/44.35



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Kotak launches lifestyle fund
KOTAK Mahindra Mutual Fund has launched Kotak Lifestyle, a diversified open-ended equity growth scheme that enables investors to ride the wave of consumerism. Mr Sandesh Kirkire, CEO, Kotak Mahindra Asset Management Company, said, "Through ... More


Neuland Labs to re-issue shares
HYDERABAD: Neuland Laboratories Ltd (NLL), the Hyderabad-based pharmaceutical company, has informed the stock exchanges that its board of directors at a meeting held on Tuesday has decided to re-issue 1,03,276 forfeited shares to the ... More


Bull domination
BULLS dominated Tuesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear pressure on Wednesday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More


Aegis Logistics counts on new services
Aegis Logistics moved ahead on Tuesday on hopes that it is close to clinching the rights to provide fresh logistics services at Mumbai port.According to market sources, it is also negotiating with the Kandla port authority for setting up storage ... More


SEBI bars Millennium Cybertech promoters
SEBI on Tuesday barred the promoters of penny stock Millennium Cybertech Ltd from issuing further equity shares or any other instrument convertible into equity shares, after it found price rigging in the counter. SEBI also asked stock broking ... More


Hike in reverse repo rate checks momentum
THE market began on bullish note on Tuesday. However, it lost steam on concerns of a hike in the reverse repo rate by the RBI. From then on, the bellwether indices moved on a flat note. The subdued bullish sentiment that prevailed towards ... More


Banks' role in IPO scam — Risk control systems under RBI scanner
THE Reserve Bank of India said it would assess whether banks were meeting the Know Your Customer norms and other guidelines related to opening of accounts, in the light of the recent IPO scam. RBI would also examine the risk and control ... More

Pvt equity, venture capital cos raise $950 m via IPOs: Study
SEVENTEEN private equity and venture capital-backed companies raised about $950 million via initial public offerings during 2005, according to a Venture Intelligence India study. Private equity (PE) and venture capital (VC) companies obtained ... More


Norwest Venture Partners sees huge opportunity
CALIFORNIA-based $1.8-billion venture fund Norwest Venture Partners, which recently invested in two Indian companies, sees huge opportunity in the country for early and mid-stage investments in the coming months and years in sectors such as ... More
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Top Stories
Guntur farmers keen to continue growing cotton

Pvt equity, venture capital cos raise $950 m via IPOs: Study

UN pat for India's `economic performance' — Manufacturing, infrastructure development in forefront

HCL Info Q2 net up 6%

ACC Q4 net triples on higher sales

ONGC may get higher prices for C2/C3-rich gas supplies to IPCL

In Focus

Auto Expo 2006
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Jan. 15-Jan. 21
IMD funds from Gulf may move into mutual funds

MF investors turn more hungry for critical disclosures

Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock

Committee asks SEBI to place depositories, DPs on high alert — Bank of Baroda, Andhra Bank follow-on offers

HDFC Securities sees Sensex growing 15%

New SEBI norms for institutional placement


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